Changes coming to the global monetary system
Автор: CGTN
Загружено: 2019-07-19
Просмотров: 94135
Описание:
In 1944, the Bretton Woods system was established to replace the gold standard with the U.S. dollar as the global currency. The system ended in 1971 when President Nixon broke the gold peg, but the U.S. dollar remains its global dominance. Over the last 75 years, how has the world changed? What is the Chinese yuan's role in the global monetary system? And how likely will Facebook's Libra challenge the U.S. dollar's dominance?
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